The Ministry of Industry and Trade has submitted to the Government a draft decree declaring a State trade monopoly in 20 goods and services.

HCM City authorities have urged the city’s Department of Planning and Investment to propose solutions to achieve a Gross Regional Domestic Product (GRDP) of between 8.4 and 8.7 per cent this year.

The Vietnamese economy is expected to be steady with inflation remaining under control. In addition, the Government will continue to implement measures to improve the business and investment environment and support businesses.

Vietnamese insurance sector is predicted to gain a growth of 20 per cent this year thanks to changing in Government’s policies, experts have said.

Prime Minister Nguyễn Xuân Phúc has highly appreciated that Samsung Group set up a mobile research and development centre which helped to transfer cutting-edge technology to Việt Nam, and hoped that the South Korean group would keep its commitment to invest more in the country’s high-tech sector.

Thailand’s plan to sell all its rice reserves of about eight million tonnes this year has sparked concerns that this move will undermine Việt Nam’s rice exports.

Many young people, including those who studied abroad and returned home to establish businesses, shared useful ideas on start-ups at a conference late last week in HCM City.

Shares are moving into positive territory, driven by strong investment inflows on an optimistic market outlook expected this week.

The application of science and technology will be one of the strategic solutions for restructuring the industry and trade sector as well as for its sustainable development.